For Immediate Release 99-7
Media Advisory
SEC to Host Roundtable on the Role of Independent Investment
Company Directors
Washington, D.C., January 22, 1999
What: The Securities and Exchange Commission will
host a roundtable on the role of independent
investment company directors. The
conference will explore the critical
watchdog role that independent directors
play in protecting the interests of fund
shareholders.
The roundtable will bring together
independent directors, senior fund
executives, legal counsel to funds, investor
advocates, leading academics and others to
examine this role and to work toward
recommendations to improve the current
system of fund governance
Panel * Fund fees and expenses
Topics:
* Fund distribution and brokerage arrangements
* Fund disclosure
* Valuation of fund portfolio securities
When: February 23 and 24, 1999 9:00 a.m. - 5:00
p.m. daily
Where: U.S. Securities and Exchange Commission
450 5th Street, N.W.
Washington, DC 20549
William O. Douglas Room
Attendance: The roundtable will be open to the public.
Seating, which is on a first-come, first-
serve basis, will be limited.
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